Nifty Bank breakout

Stock Market Today: Nifty Bank Sustains Above Short-Term EMAs; Breakout Structure Holds Firm

Market RecapThe Nifty Bank index delivered steady follow-through buying after breaking out of its recent consolidation range, even as it traded close to a near-term resistance zone. By reclaiming the 10-day exponential moving average (EMA), the index signalled a revival in bullish momentum and co...

Bulls Tighten Grip as Nifty Bank Hits New All-Time High; Derivatives Cues Signal Further Upside

Nifty Bank ended the session at 58,962.70, advancing 0.76%, as the index registered a decisive breakout and even scaled a new all-time high of 59,001.55 during intraday trade. The index opened firm and sustained its strength throughout the session, forming a solid bullish candle that reaffirmed s...